Discussion Forum for trading analysis, help, signals and trading

Discussion Forum for trading analysis, help, signals and learning how to trade. Chat with other traders , post analysis, trades and ask questions. This is the public part of my website. For more in-depth discussions please consider joining to chat with other members

Forum Navigation
Please or Register to create posts and topics.

Will today be the bounce | looking positive | 8500 8466 support | 8540 8612 resistance

Nick@ht-admin
#1 · 12th March 2025, 10:43 am

Technical analysis for FTSE 100 for 12th March 2025

Volatility continues to be the order of the day and having declined steadily this week we are still probably due a bounce. Progress with the peace deal with Russia may well help the bulls case soon, though tariff news continues to weigh. Whilst the daily charts are bearish, there is a glimmer of optimism on the 2h charts with the Nasdaq going bullish today, and the FTSE100 needing to break the nearby 8538 2h resistance. However the 25ema on the daily is now resistance at 8659 - should we see a rise to this area then we may well see any bounce falter here

READ MORE

Click for thumbs down.0Click for thumbs up.0
Last edited on 12th March 2025, 10:48 am by Nick